.

[Westin Landon Cox]

Your claim that he thought coinbase and bitpay constituted enough hash power to trigger the XT fork is laughable on its face.

You should reread my post more carefully. I never said that. Which makes me doubt the sincerity of your confusion.

Hearn clearly said that he intended to subvert all of China by using checkpoints. He also said he would subvert all SPV wallets using the same methods. This would of course affect anyone not using his version of the software. You must not grasp what he outlines here: https://www.youtube.com/watch?v=DB9goUDBAR0

I never claimed he could be successful, I was attempting to explain his intention per a user's request.

Hey, I'm the guy who made that youtube video using interview excerpts of Hearn on Epicenter Bitcoin in mid-2015. Thanks to everyone who linked to it and helped expose Hearn's willingness to "ignore the longest chain" using "checkpoint blocks." I'm glad Hearn's the problem of bankers and not bitcoiners now.

Great work! You might actually be THE person that saved Bitcoin from the banks!

To everyone: you're welcome.   

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[Cryptogames]

Time will tell. Hearn is a big guy in the clique but it's still a lot of people involved.

[SamusNi]

https://bitcointalk.org/index.php?topic=1329377

[jbreher]

Your claim that he thought coinbase and bitpay constituted enough hash power to trigger the XT fork is laughable on its face.

You should reread my post more carefully. I never said that.

What's this then?

Mike thought all he needed was banker-owned Coinbase (and perhaps Bitpay) to support his "bitcoin frankenstein" and the fork would proceed.

[jonald_fyookball]

Your claim that he thought coinbase and bitpay constituted enough hash power to trigger the XT fork is laughable on its face.

You should reread my post more carefully. I never said that.

What's this then?

Mike thought all he needed was banker-owned Coinbase (and perhaps Bitpay) to support his "bitcoin frankenstein" and the fork would proceed.

~~

What you don't seem to grasp is how he was going to bypass hashpower with checkpoints. You really need to get up-to-speed with what he's saying in this clip. I think you might be the only user here that doesn't understand what Mike had planned?

Here, try this one more time: >> https://www.youtube.com/watch?v=DB9goUDBAR0

~~

Yeah, thats Mike's "rule by authority" philosophy rearing its ugly head. 
That's why "everyone" hates Mike and XT...but that doesn't mean
he was wrong to try to increase blocksize and push for mainchain scaling.
Sadly, he's less harmful than those that are trying to do the opposite.

[jbreher]

Your claim that he thought coinbase and bitpay constituted enough hash power to trigger the XT fork is laughable on its face.

You should reread my post more carefully. I never said that.

What's this then?

Mike thought all he needed was banker-owned Coinbase (and perhaps Bitpay) to support his "bitcoin frankenstein" and the fork would proceed.

~~

What you don't seem to grasp is how he was going to bypass hashpower with checkpoints. You really need to get up-to-speed with what he's saying in this clip. I think you might be the only user here that doesn't understand what Mike had planned?

Here, try this one more time: >> https://www.youtube.com/watch?v=DB9goUDBAR0

~~

Bait & switch much? Try what one more time? He's laying out a scenario where two different communities has different ideas at what constitutes the valid chain. In no way does this achieve your stated scenario whereby Coinbase and perhaps Bitpay are enough to totally overturn consensus.

[mayax]

who is coinbase or bitpay?

the chinesses will dictate the market.

[MicroGuy]

Bait & switch much? Try what one more time? He's laying out a scenario where two different communities has different ideas at what constitutes the valid chain. In no way does this achieve your stated scenario whereby Coinbase and perhaps Bitpay are enough to totally overturn consensus.

But there aren't two communities? What he's laying out is a scheme whereby one group plans to subvert the wishes/desires of another group.

He even went further by stating that, "if the Chinese don't like it, they should make their own Altcoin." What a guy!

[Amph]

who is coinbase or bitpay?

the chinesses will dictate the market.

they do not have big merchants that can do business abroad, so in that regard they are bonded with their users base only

and no the miners alone can not dictate anything, you need merchants also, to move bitcoin